What is involved in setting up a CVA? | Business Solutions | Beesley and Company Insolvency Practitioners

FAQs - Company Voluntary Arrangement (CVA)

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What is involved in setting up a CVA?

You contact Beesley and Company. We analyse the finances and viability of your company. We then draw up a CVA proposal to show how your company can continue to trade profitably while maximising returns for your creditors. At this stage we will probably discuss the proposal with your secured creditors. We then submit the proposal to the courts for validation. Once the proposal is legally recognised we issue copies to all your unsecured creditors. We then arrange a creditors meeting.

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